I just accepted an offer at TI in Dallas as an engineer, new college grad. Should I be concerned about losing the position due to layoffs?
7 replies (most recent on top)
If you are in H1b then no need to be apprehensive. H1b most who are DEI are now the stars
look somewhere else, not a ideal place for NCG
If you fit in to a DEI category, you could work your way up to a C-level exec in this company. Otherwise - good luck! It was a different company 10-15 years ago...
The semiconductor industry is very sensitive to the market. It's feast or famine. When the economy slows down (people stop buying anything with electronics), then most semiconductor companies start laying off workers until the economy recovers. TI may be a larger risk than others. It's not really people oriented. Employees are simply $numbers and you could lose your job regardless of personal performance.
On the other hand, especially for a younger person, this could be a great opportunity to get in, make good money along with health benefits and save. But use that time to financially prepare yourself for future unannounced layoffs.
If the position isn't at SM1 or RFAB2 then yes, you should be concerned.
I would be concerned working ANYPLACE. Not just TI but any job. You are at the whim of someone who generally doesn't even know you. So...as a NCG, live frugal if you can, take advantage of the matching 401(k), max it out if you can, Start early to save. Your 50 yr old self will thank you.
Now as far as making an impact, find a mentor or two that can move you along in your career. Listen to the customer (I am one) and do everything you can to help them. If you don't have the answer, find someone that does. I hated when TI went to the forum to answer questions. But I have a good FE that I've worked with for years.
And last as a new engineer, plan on changing jobs...either internal or external in a few years. Learn as much as you can as a young one, find the stuff that makes you want to get up in the mornings, and then after you have experienced different aspects of engineering...chase that dream. Find a company that does that thing, and go after that job. Become a SME
Learn. Experiment. Make yourself valuable. Get a width breadth of knowledge. College teaches you nothing of the real world other than to teach you how to learn. Be open to knew ideas, and advocate for changes in how things are done...."but we always did it this way" isn't acceptable anymore. I'm a EE/ME for 40+ years.
I wouldn't be overly concerned, but would not make any major purchases until the "cost conscious" environment relaxes.